GEORGIA PUMP PRICES CONTINUE TO DROP
ATLANTA, Ga., (November 18, 2019) — Georgia gas prices continue to decline at the pump compared to a week ago. Georgia motorists are now paying an average price of $2.41 per gallon for regular unleaded. Monday’s state average is 2 cents less than a week ago, 3 cents less than last month, and 7 cents less than this time last year.
It now costs $36.15 to fill a 15-gallon tank of gasoline. That is $6.45 less than what motorists paid in May of 2018, when pump prices hit their peak of $2.84 per gallon.
“Growth in stock levels amid robust demand, has helped to push pump prices down,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “If this trend continues, motorists might see lower gas prices later this month, which will be a welcome relief for Thanksgiving travelers.”
Growing Gas Stocks Help Push National Average Down
The national average price for regular unleaded gasoline is $2.60 per gallon, which is 2 cents less than a week ago, 5 cents less than a month ago, and 3 cents less than this time last year. According to newly released data from the Energy Information Administration (EIA), total domestic stocks of gasoline grew by 1.9 million barrels last week, bringing the current stock level to 219.1 million barrels. This is 7.5 million barrels lower than last year at this time.
- Most expensive Georgia metro markets –Atlanta-Savannah ($2.44), Hinesville-Fort Stewart ($2.42), and Brunswick ($2.41).
- Least expensive Georgia metro markets – Catoosa-Dade-Walker ($2.30), Augusta-Aiken ($2.32) and Rome ($2.33).
CURRENT AND PAST PRICE AVERAGES (Regular Unleaded Gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 High||Record High|
|National||$2.60||$2.60||$2.62||$2.65||$2.63||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Georgia||$2.41||$2.41||$2.43||$2.44||$2.48||$2.84 (5/27/2018)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
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About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.
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